RE: Horizon State - Decision Token ICO (Vote for elections on blockchain)

You are viewing a single comment's thread from:

Horizon State - Decision Token ICO (Vote for elections on blockchain)

in ethereum •  7 years ago 

I don't get it? I understand how verifiable crypto tokens can make voting easier and empower true democracy but this doesn't do that.

This is a token sale, so people want to make money. If I buy 51% of the tokens, where do my returns come from? Surely that means I win every vote and the system collapses? So the person with the most money (most tokens) gets most votes?

ethereum
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.07
  • Past Payouts $0.07
  • - Author $0.07
  • - Curators $0.00
1 vote
1
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    Horizon State tokens are not votes. They are used by large companies and governments to pay the fees required to commit the votes of their consitutuents to the blockchain.

    The more Horizon State customers there are, the higher demand the tokens will be in.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote